What Are Users Swapping gALGO3 For?
Statistics and analysis about gALGO3 that is an asset that pegged to ALGO
In this dashboard, we are asked for information and statistics about gALGO3, Assets that are exchanged with Algo and are considered a government token.The first statistic we are asked is the number of transactions to and from gALGO in the Algo network swap system. To do this, we found the number of transactions and the number of gALGO swapers in the Swap table in the Algo database. The graph below shows the number of gALGO transactions to and from,and number of swappers.
The next step is to find the transactions volume of gALGO to and from, which are shown in the following diagrams from the Swap table, Algo database.
In the next step, we are asked about the dexs which gALGO3 is exchanged. The diagrams below show these dexs.
In the last step, we were asked to have the most tokens exchanged with gALGO3, the tables of which can be seen below. It is noteworthy that the most tokens exchanged with gALGO3 in the Algo Swap table were only two tokens
As can be seen, April 12-15 is the most traded day. It seems that these exchanges can be due to two reasons.The first reason was that the price of Algo had started to rise after a downward trend these days and users preferred to exchange their assets and the second reason was that these days was the end of the reward distribution period and users could pick up their gALGO3s after this period.